The Euro was flat yesterday following three consecutive days of gains

Yesterday at a glance: Lightly positive EUR/USD closed at 1.0731 after ranging between 1.0705 and 1.076.

This move comes while some more positive signs for Euro-Dollar are out as highly important Core Durable Goods Orders data from United States beat analyst expectations of 0% with a reading of -0.2%.

At the same time, Euro Zone CFTC EUR speculative net positions released yesterday at 20:30 UTC with a figure of 173,700, while the previous figure was 187,100. United States Core PCE Price Index (MoM) (Apr) came out at 0.4, while a consensus of analysts was expecting 0.3.

A look at other currencies also shows bullish price action as GBP/NZD surges 0.52% yesterday and closed at 2.0311. Notably, GBP/JPY rose 0.64% yesterday and closed at 172.53. USD/JPY is trading around 140.62 after ending yesterday's session at 140.05 (up 0.41% today).

The Euro is now trading 3.09% away from its significant high of 1.1073 first tested 24 days ago.